ESBG vs. NRGU
ESBG (First Trust Enhanced Stocks, Bonds & Gold ETF) and NRGU (MicroSectors U.S. Big Oil Index 3X Leveraged ETN) are both exchange-traded funds - ESBG is a Tactical Allocation fund actively managed by First Trust, while NRGU is a Leveraged Equities fund tracking the Solactive MicroSectors U.S. Big Oil Index (-300%). ESBG is actively managed, while NRGU is passively managed. At a correlation of -0.16, they often move in opposite directions. Both charge a 0.95% expense ratio.
Performance
ESBG vs. NRGU - Performance Comparison
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Returns By Period
In the year-to-date period, ESBG achieves a -3.07% return, which is significantly lower than NRGU's 132.63% return.
ESBG
- 1D
- 0.01%
- 1M
- -3.17%
- 6M
- -7.61%
- YTD
- -3.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NRGU
- 1D
- 6.71%
- 1M
- 31.49%
- 6M
- 102.34%
- YTD
- 132.63%
- 1Y
- 126.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESBG vs. NRGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | -3.07% | 5.67% |
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 132.63% | -14.23% |
Correlation
The correlation between ESBG and NRGU is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025 | -0.16 |
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Return for Risk
ESBG vs. NRGU — Risk / Return Rank
ESBG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NRGU
ESBG vs. NRGU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Enhanced Stocks, Bonds & Gold ETF (ESBG) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESBG | NRGU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.89 | — |
| Martin ratioReturn relative to average drawdown | — | 6.47 | — |
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Drawdowns
ESBG vs. NRGU - Drawdown Comparison
The maximum ESBG drawdown since its inception was -18.84%, smaller than the maximum NRGU drawdown of -57.50%. Use the drawdown chart below to compare losses from any high point for ESBG and NRGU.
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Drawdown Indicators
| ESBG | NRGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.84% | -57.50% | +38.66% |
Max Drawdown (1Y)Largest decline over 1 year | — | -43.89% | — |
Current DrawdownCurrent decline from peak | -17.80% | -19.77% | +1.97% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -26.04% | +18.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 19.57% | — |
Volatility
ESBG vs. NRGU - Volatility Comparison
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Volatility by Period
| ESBG | NRGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 24.11% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 63.88% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.52% | 77.06% | -51.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.52% | 89.11% | -63.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.52% | 89.11% | -63.59% |
ESBG vs. NRGU - Expense Ratio Comparison
Both ESBG and NRGU have an expense ratio of 0.95%.
Dividends
ESBG vs. NRGU - Dividend Comparison
ESBG's dividend yield for the trailing twelve months is around 1.12%, while NRGU has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
ESBG First Trust Enhanced Stocks, Bonds & Gold ETF | 1.12% | 0.24% |
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 0.00% | 0.00% |
Frequently Asked Questions
ESBG and NRGU have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.95% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ESBG and NRGU have the same expense ratio: 0.95% per year.
ESBG has the higher dividend yield at 1.12%, compared with 0.00% for NRGU.
ESBG is categorized as Tactical Allocation, while NRGU is Leveraged Equities. They also come from different issuers: First Trust and BMO.
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